December Latino Lubbock Vol 9, Issue 12

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Education/ Educación Education & Scholarship Updates CELEBRATION OF CULTURES The TTUHSC Student National Medical Association (SNMA) will host a scholarship gala, “A Celebration of Cultures,” from 6 to 11:30 p.m. December 4 at the Overton Hotel and Conference Center, 2322 Mac Davis Lane.

YOUNG ENGINEER PROFESSIONALS: The TTU Chapter of the Society of Hispanic Professional Engineers (SHPE) is proud to announce that three of their members placed 3rd at the Academic Olympic - Alejandro, Cesar, and Juan Carlos!Also, congratulations to Celisse Charles who also obtained an internship with Toyota for the spring semester; and Marynell and Hussain for representing the chapter at Extreme Engineering.

Student Debt, Wealth Gap Among Whites, People of Color

hen it comes to having student W debt, Latinos fare far better than their black and white peers. But

LOS SEGUIDORES DE CRISTO: Members of Los Seguidores the Cristo provided turkey dinners to several families in need. The group

My College Experience: Preparing for finals, holidays

t last the semester is coming to A an end. Seems like yesterday when you moved into the dorms and

had tons of free time. Now the 1st semester is finishing and its crunch time. Papers are due and the dreaded finals are before us. College seems all fun n’ games till the last week of school. However just think as soon as you bubble that last answer on the scantron or answer that final short answer it’s Christmas break! You get to enjoy the holidays with your family and friends while also getting to start fresh with the next semester. So before you stress these last few weeks keep these few things in mind. 1) Grades are important but they aren’t everything, I know parents might ask for my head on this but it’s important. Yes, you need to work as hard as you can for good grades, but don’t be so hard on yourself for the bad grades…

just try your best and have faith. 2You’ll get through this, it’s just a week and then you are done. ) Breath, you got this. 3) After finals you get a break. So go home and visit with old friends, enjoy your family, and sleep in your own bed. In the meantime good luck on finals, try your hardest. “And may the odds be ever in your favor.” Merry Christmas, safe travels.

Ayrial Hiracheta- attends Wayland Baptist University, majoring in English, with a minor in Journalism. She also swims for the collegial swimming team.

Mark Your Calendar

2015-16 LISD School Holidays December 17-18 End of Semester Early Release December 2-January 1 Christmas Holiday January 4 Teacher Preparation / Student Holiday January 5 Classes resume January 18 Professional Development / Student Holiday February 23 Early Release for Professional Development

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March 14-18 Spring Break March 25 Good Friday Holiday/(Weather Make Up If Needed) April 11-May 27 Sixth Six Weeks April 25 Professional Development/Student Holiday (Weather Make Up 1) May 26-27 End of Semester Early Release May 30 Memorial Day Holiday High School Graduation

that might not be as good as it seems, according to a new report out today connecting debt to the wealth gap between whites and people of color. Only 21 percent of Latino households have student debt, according to a new report, "Less Debt, More Equity: Lowering Student Debt while Closing the Black-White Wealth Gap," released Wednesday by the New York-based public policy organization Demos. But the figure is likely due to Latinos attending and graduating from college at lower rates than both black and white households and to Latino households having much lower wealth levels than white families, the study finds. Previous research also suggests Latinos may be more averse to taking on student loans even as they face substantial financial needs for school. Attaining a higher education in the U.S. has long been seen as the great equalizer. "We see education as a way to level the playing field among low-income families, low-income communities and communities of color," Mark Huelsman, the report's lead author. But the current education system is rife with racial and class disparities contributing to an expanding wealth gap between whites and people of color, according to the "Less Debt, More Equity" report. The study assesses the impact of public policy on the wealth gap. "In an age where inequality is becoming maybe the biggest public policy item to deal with, it's important to note what communities are dealing with and where the wealth gains we do see are going," said Huelsman. "The more we require borrowing for college for certain families and

the more we require certain students to go in to debt, not only do we risk people not going and people not completing, but we also put some communities further behind in trying to have the same financial security that primarily white families and higher-income families have now." According to the report, the top 1 percent of U.S. households controls 42 percent of the nation's wealth, and nearly half of the wealth accumulated over the past 30 years has gone to the top 0.1 percent. At the same time, wealth held by the bottom 90 percent of U.S. households continues to shrink, as people of color are a growing percentage of the U.S. population. Those trends, the report says, have converged to produce a wealth divide by race and class. The average white family owns $13 for every $1 owned by a typical black family, and $10 for every $1 owned by the typical Latino family, according to the report. Forgiving all student debt regardless of income is not the answer, Huelsman said. "The most interesting thing we found," said Huelsman, "is that if you forgive all student debt you'd actually see a big increase in the (wealth) gap and that's because unlike other forms of debt, the amount of student debt you have does not necessarily predict the likelihood you're going to struggle to pay that off." The report recommends instead that policymakers consider a debtelimination policy that targets lowincome households because it might dramatically reduce the wealth divide between white and Latino and black families, both among median as well as low-wealth households.

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